| |
| |
|
E-Book Information |
|
|
|
The Problem With E-Books
One of the most popular online ventures is selling e-books. People are hungry for information; that's why they're on the Web in the first place. And e-books are cheap to produce and distribute. However, I've come across quite a few new online entrepreneurs thinking they're going to strike it rich selling a $20 or $30 e-book. They've failed to do some simple math. Suppose you sell an e-book for $30. Deduct $5 off your $30 sell price to account for advertising and other costs. That leaves you with $25. You'd have to sell 1,000 copies a year to make $25,000. That's a lot of copies! Even if you did sell that many, 25 grand isn't exactly going to put you on Easy Street. Another factor is competition. Many e-books with resell rights have also be purchased by hundreds, possibly thousands, of competitors.And if you're selling an e-book as an affiliate, you're usually limited to 50% or less of the sell price. The key to making large amounts of money selling information products is that you need resell rights for at least one higher priced item. Say you have duplication rights to a product that sells for $400. If you sold just 6 copies of this product a month, you'd be pulling in $2,400 in sales. That's $28,800 a year. If you sold 12 a month, you'd make $57,600 a year. Sell 24 a month and you're raking in $115,200 a year. "Wait a second" you say. "What about my costs to duplicate, package and ship the product?" Here's the beauty of the information marketing business: people pay for the value of the information, not the physical medium on which it's delivered (e.g. paper, audiotape, videotape, CD etc.) It's dirt cheap to duplicate information products. It's easy to duplicate a CD-ROM on your computer and blank CDs are less than a dollar each. I have an info product that I sell for $397. To duplicate, package and ship it via UPS, costs me $60. Subtract $50 for advertising. That still leaves me with $287. That's a huge profit margin. So instead of concentrating all of your marketing efforts on low priced info products, be sure that you have one or two higher priced items that you're actively promoting. Use e-books as a stepping stone to upsell customers. Once they've purchased a product from you, you've established a relationship with them. Someone who's already down business with you is five times more likely to buy than someone who hasn't. About The Author Dave Coyne is a copywriter, marketing consultant and president of DC Infobiz. Get his FREE REPORT on how to start your own Information Marketing Business at home. Send an email with REF006 in the subject line to dcinfobiz@GetResponse.com
MORE RESOURCES:
E-Books - Google News |
|
|
|
RELATED ARTICLES
Youve Got To Be Joking! I don't know about you, but I get a lot of joke stuff arriving in my email. I've got one buddy in particular who hardly lets a day go by without sending something. E-Book Writing Formats: How to Make the Words Flow Nervous about writing your first e-book? Never fear. E-books are written in a conversational, informative style that's easy for the reader to understand, and easy for you to imitate as you write them. Using Internet Marketing E-books Helps With Business Issues Using an Internet marketing e-book when starting a new home-based business will give you helpful hints and clues to start your business on a firm foundation. E-books, short for electronic books, are books on either one subject or a collection of different articles that can be downloaded from any website on the Internet. Make Profits from FREE e-Books E-books are one of the most beneficial and easiest ways to make mone on line - if you sell them. But how can you make profits from free e-books? This closely-guarded secret of the self-styled guru's has recently become easily achievable by just about anyone with something to say, and certainly by everyone who already has a e-book or other information product to sell. Information at What Price? Exploring Fee-based e-Content In pursuit of a paid model for content, many businesses offer newsletters for a fee or ebooks. These models offer pros and cons. Your Guaranteed Path to Becoming an Information Product Money Machine How To Turn Your Talks or Articles into Books, eBooks, CDs and MoreYou may be writing a monthly newsletter. You may have written some short articles or reports. Internet Journey - From Storms To Desktops After battling the sea for nine years, it's time to move on. That's what I told myself when I first stepped ashore to search for a land job. Internet Business Model For Selling A Single, Unique Product An e-book is a single, unique product. It's unique because no 2 authors can write exactly the same book since it will contain each author's own knowledge, personal experiences and other things not known to the other. Your First Step to a Digital Publishing Empire The hardest part of writing is the first sentence. When you look at the whole project, it seems like an impossible task. Lets Get One Thing Straight About Being A Published Author Just for fun, evaluate the following statement:"Most people want to write a book and get it published, but that's simply impossible 99% of the time."Is the above statement true?Not exactly. The REAL Info Products Secret and How to Get Out of the Cycle Most "info-products" revolve around Internet marketing, and get rich quick schemes. Everyone is looking for that instant "secret" that will guarantee them overnight success without spending the start up capital of a real brick and mortar business. 7 Secrets to Explode your eBook Sales! Part 7 Secret #7: How to create a mountain of sales using multiple Royalty Publishers!Aho!Are you making this mistake in your eBook business?You submit your sales page to search engines. Then you submit your eBook to a few eBook directories. Electronic Publishing Explained An eBook is basically a document in the form of web pages that are put together, using special software, which is released in the form of a file that can be downloaded onto your computer's hard drive. Many people may think it is no different than a web site, but there are important differences. Write Your eBook Fast: First Steps to Finishing Line Why write an eBook?You want ongoing, lifelong multiple streams of income. You want to raise your credibility and trust ratings with clients or customers. How to Protect Your Ebooks and Software from Being Stolen! There are many systems that can lock your software or document, allowing you to control access to that file. But the problem arises with assuming that this will stop all theft. Who Really Wrote That Ebook? The publishing world has never been more fun, and opportunities for new authors have never been better than they are now. It is possible to be published literally overnight - and have hundreds if not thousands of readers within days, if you play your joint venture cards right - even if you are a completely unknown author. How To Rebrand Your eBook Using Active eBook Compiler Complete all the pages for your eBook in HTML format. Your main page should be named "index. The Secrets to Writing Your Very Own Profit Pulling eBook! I can guarantee that anyone can write an ebook. Everyone has their own interests which they can talk confidently about in depth and detail. How To Create and Market Your own E-Book The Internet presents an amazing opportunity foranyone who knows how to research and write.There's masses of free information on the Web - allyou have to do is gather it together and package it,and you have an E-Book that people will pay for. Writing An eBook - The How To Guide Whenever you're listening to one of the big names in internet marketing you hear the same speech over and over again when it comes to viral marketing. The number one advice is, write an eBook and give it away for free.
|
| home | site map |
| © 2006 |
